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2 years ago

Which one of the following is common between optimization using total value and optimization using marginal analysis?

Business

1 answer:

Temka [501]2 years ago

5 0

Common between optimization using total value and optimization using marginal analysis is:

Both techniques require the conversion of all costs and benefits into a common unit of measurement.

What is the principle of optimization at the margin?

The Principle of Optimization at the Margin states that an optimal feasible alternative has the property that moving to it makes you better off and moving away from it makes you worse off.

Optimization using total value:

calculates the change in net benefits when switching from one. alternative to another.

optimization using marginal analysis:

calculates the net benefits of. different alternatives.

Total Value analysis :

has a wide range of applications. The analysis can be used to assess an organization's key impacts, or provide more detailed information such as an assessment of the life cycle impacts of a product.

marginal analysis:

is an examination of the additional benefits of an activity compared to the additional costs incurred by that same activity. Companies use marginal analysis as a decision-making tool to help them maximize their potential profits.

Learn more about optimization:

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tina is the sole owner of tina's lawn mowing, incorporated (TLM). In one year TLM collects $1,000,000 from customers to mow thei

Arisa [49]

Answer: See explanation

Explanation:

This is the remainder of the question:

How much does this economic activity contribute to GDP, NNP, National income, compensation of employees, Proprietors' Income, corporate profits, personal income, disposable personal income?

a. GDP – $1,000,000

The GDP is the value for the goods and services that a country sells. To loan customers lawns, Tina collects $1,000,000.

b. NNP – $875,000

NNP = GDP - Depreciation

= $1000000 - $125000

= $875000

c. National income – $875,000

d. Compensation of employees- $600,000

This is the amount paid by the company to its workers for work done as wages and salaries.

e. Proprietors’ income – $0

Because it is a Corporation, this will be $0.

f. Corporate profits – $275,000

This will be:

= $50,000 + $150,000 + $75000

= $275000

g. Personal income – $750,000

= NNP + Dividend - Profit

= $875000 + $150000 - $275000

= $750000

h. Disposable personal income – $550000

= $750000 - $60000 - $140000

= $550000

4 0

3 years ago

Narver Corporation uses the weighted-average method in its process costing system. Operating data for the Lubricating Department

Karo-lina-s [1.5K]

Answer:

44,780 units

Explanation:

When a company uses the weighted average method in its process costing system, the beginning inventory nor the units transferred in are included in the calculations for equivalent units. Only units transferred out and ending inventory are use to calculate equivalent units:

equivalent units = units transferred out + (ending inventory x % of completion)}

equivalent units = 37,100 units + (9,600 units x 80%) = 37,100 units + 7,680 units = 44,780 units

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3 years ago

_____ is a marketing research technique that involves introducing a new product in a specific area and then measuring its degree

padilas [110]

Test marketing, the consumers don’t even know it’s being tested

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3 years ago

1. A computer game that can be purchased online and played right away has good ___ utility. A) form. B) info. C) value. D) time

gizmo_the_mogwai [7]

1.) Out of the choices given here, a computer game that can be purchased online and played right away has good time utility. The other choices didn't seem to be a good fit for this particular question. The correct answer is D.

2.) Hours of labor or the number of workers are common ways of measuring a company's division of labor. The correct answer is A, division of labor.

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3 years ago

In the short run, a monopolistically competitive firm continues to increase production _____ if it can at least cover its variab

tankabanditka [31]

Answer:

Until Marginal Revenue = Marginal Cost

Explanation:

In the short run, a monopolistic ally competitive firm continues to increase production until MR = MC if it can at least cover its variable cost. This is the profit maximizing condition. If firm is able to cover his variable costs in short run, he should continue production.

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3 years ago

Which one of the following is common between optimization using total value and optimization using marginal​ analysis?

Which one of the following is common between optimization using total value and optimization using marginal analysis?